DeFi Platform Giddy Partners With Plaid

PRNewswireMay 6, 20224 min

Giddy’s Plaid integration gives users a simple, streamlined on and off ramp between crypto and fiat.

Crypto staking app Giddy has partnered with fintech leader Plaid, a data network that powers the tools millions of people rely on to live healthier financial lives. Giddy’s integration with Plaid will make it easier for users to securely and seamlessly share their financial data so they can move funds in and out of their Giddy account.

“Security and user friendliness are paramount to every step of the customer journey on the Giddy platform” says Giddy CEO Eric Parker. “Our partnership with Plaid and their open finance technology is a continuation of striving to create an unparalleled experience for Giddy users.”

Enabling investors to easily and securely connect their financial accounts to Giddy’s platform will help streamline the process of moving funds in and out of their wallet, making the onramps and offramps to crypto investing easier for mainstream investors.

Through its integration with Plaid’s payment authorization products and payment processor Wyre, Giddy will enable investors to easily transfer funds via ACH from their checking account to their digital wallet to invest in crypto. Once an investor converts the crypto back to dollars (fiat), the integration makes it fast and easy to transfer those funds back to their checking account.

Upon transferring funds into a Giddy account, the currency is automatically converted to a stable coin that allows users to immediately begin staking their tokens and earning an interest yield.

Giddy is the world’s first DeFi app to provide one-tap staking (interest-earning) to crypto investors. In a complex world of crypto investing where investors need to master a confusing array of tools and platforms to fully maximize their investments, Giddy has a mission to simplify the most sophisticated crypto strategies into one platform.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

PRNewswire

Leave a Reply

Your email address will not be published.

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved